CBN affirms old Naira notes will remain legal tenders indefinitely, dispels December 2024 deadline
The Central Bank of Nigeria (CBN), says it has no intention of discontinuing the circulation of the old series of N200, N500 and N1,000 banknotes by December 31, 2024. The apex bank’s clarification came on a day the House of Representatives called on it to increase issuance of the newer N200, N500 and N1,000 […]
Naira depreciates to More than N700 per $1 in parallel market. See the new rate here
Nigerian Naira suffers depreciation to dollar days after it appreciated in the parallel market. The Naira has depreciated to N1,739 per dollar in the parallel market from N1,735 per dollar on Wednesday. Data from FMDQ showed that the Naira appreciated to N1,601.2 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM from N1,654.09 […]
Bianca Ojukwu’s appointment by President Tinubu is anti-party activity — Anambra APC leaders
Leaders of the All Progressives Congress (APC) in Anambra State have condemned the appointment of Bianca Ojukwu as a minister-designate, calling it an anti-party action. They questioned the rationale behind President Bola Tinubu’s decision to appoint Bianca, a member of the Board of Trustees of the All Progressive Grand Alliance (APGA), without consulting APC party […]
BREAKING: First Bank Announces 10 Days Temporary Shutdown For System Upgrading, Begins 26th October
First Bank has announced plans to transition to a new cloud-based procurement and financial platform as part of its ongoing strategy to improve operational efficiency and service delivery. The migration, scheduled to begin on Saturday, October 26, is expected to result in temporary service disruptions, the tier one lender with over 42 million customers said […]
Relocate now – Ogun Govt tells residents of flooded areas
The Ogun State Government has urged residents of flooded areas and communities across the state to relocate immediately. Some of the communities impacted by the recent release of water from Oyan Dam include Isheri, Riverview Estate, Oshorun Estate, OPIC Estate, Arepo, Mawere, Akute, Alagbole, Orimerunmu, and Magboro, among others. The government urged residents in these […]
Police ‘check suite and speak to staff at Kylian Mbappe’s Stockholm hotel’ after r@pe accusation against the Real Madrid superstar
Swedish police have reportedly expanded their investigation after Kylian Mbappe was accused of r@pe and s3xual harassment earlier this month. The French star, who denies the allegations, was visiting Sweden with friends between October 9 to October 11, staying at the Bank Hotel in the city centre. Shortly after, Mbappe had blasted a report from Aftonbladet as ‘fake news’ […]
US president, Joe Biden says he wants Donald Trump locked up 14 days before election
President Joe Biden has called for Donald Trump to be locked up 14 days before the presidential election. Biden told New Hampshire Democrats on Tuesday night, October 22, that “we gotta lock him up,” referring to former President Donald Trump, before quickly adding, “Politically lock him up.” He was describing some of Trump’s plans for a second term, […]
Buy petrol N1000/litre or CNG at N200 – President Tinubu tells Nigerians
As many continue to battle with economic hardship, President Bola Tinubu has said that Nigerians now have the option of either buying premium motor spirit (PMS), also known as petrol, at N1,000 per litre or compressed natural gas (CNG) at N200 per standard cubic meter. A statement released by presidential media aide, Bayo Onanuga, […]
Former president of Peru sentenced to 20 years in jail for corruption and money laundering crimes
A court in Peru has sentenced former President Alejandro Toledo to 20 years and six months in prison after finding him guilty of corruption and money laundering. Prosecutors accused Toledo, who served as president from 2001 to 2006, of accepting $35 million in bribes from the Brazilian construction company Odebrecht in exchange for awarding […]
Woman sentenced to 25-years in prison for k!lling all her family members
A Pretoria high court judge has described the involvement of a daughter in the murd3r of her parents, pregnant sister, and brother as a profound betrayal. Judge Mashudu Munzhelele sentenced 24-year-old Onthatile Sebati to 25 years in prison for her role in the 2016 k!llings, while her cousins Tumelo and Kagiso Mokone were handed […]